Back To 1995

   Chapter 217

  Whether it’s a real loss or not, I can’t say it anyway, and I have to tout it. This is another victory for AOL!

  After acquiring CompuServe, AOL can not only get its local users in America, but also enter overseas markets, making AOL an international giant. Isn't this a win?

   As for the acquisition of CompuServe, the price is too high, that's all trivial, don't think about it too much.

   As for the false rumors, AOL was blackmailed by America Telecom and acquired CompuServe at a high price in exchange for America Telecom's withdrawal from the dial-up Internet business.

   When the reporter asked this question, Lyonsis was black-faced on the spot, "The acquisition of CompuServe will definitely benefit AOL in the long run, and AOL's operations will not be affected by this acquisition!"

It said that it would not affect, but AOL backhanded and adjusted the monthly Internet access fee from 19 US dollars to 21 US dollars, and claimed that this was due to various reasons such as cost and increase in service items, so it had to be adjusted. High users use AOL's Internet access fees, anyway, AOL is justified.

   Watching the stubborn AOL gang on TV, Netscape burst into laughter, and the cloud shrouded by Microsoft seemed to dissipate a bit.

   Since the first half of the year, Netscape has felt more and more pressure. The IE browser is tied to the Microsoft system, just like the rope around Netscape's neck, it is getting tighter and tighter.

"Bruno Song, he's getting closer and closer to Wall Street, America Telecom is about to become its cash machine, how much money he took from America Telecom, two billion, three billion dollars ?!"

  In fact, Song Yang certainly couldn't have taken that much away, but it looked really bluffing. The outside world only saw that he took a lot of beautiful knives through America Telecom again and again.

   Jim Clark touched his chin while watching TV and said, not only he thinks so, when the acquisition of CompuServe came out, the first thought of Wall Street and the financial industry was that Song Yang began to hollow out America Telecom again.

   Before the reorganization of America Telecom, Song Yang took huge dividends and hollowed out America Telecom. After the reorganization, he acquired CompuServe and sold it separately. This method has become more and more Wall Street style.

   "Maybe, he's right!" Baxter looked up, looking at the TV station that began to discuss how much Song Yang made from CompuServe this time.

  Mark Anderson and Jim Clark all restrained their smiles when they heard this. They knew what Baxter meant.

  After Yahoo's listing, its stock price has more than quadrupled in three days, and its market value has sprinted to 1.2 billion US dollars. The shock to the entire Internet is unimaginable.

   Yahoo's performance proves that in the Internet industry, it may be feasible to rely on advertising to replace fees, whether it is feasible or not, but the stock price is indeed feasible, Yahoo's current momentum, there is a trend of beginning to replace Netscape.

However, Yahoo's current Internet advertising profit model is played by Song Yang. When Song Yang first came to Netscape last year, he mentioned to Netscape's executives that maybe there will be a free browser in the future. When users use it, Netscape didn't take it seriously at that time, and didn't think that who would do such a thankless, immoral and smoking thing.

But now, it has been proved that there is such a wicked thing, I would rather not be short of money, and not let Netscape make money, just like the prediction made by Song Yang at the beginning, of course, in the middle, Song Yang's help is indispensable, not Song Yang's. Assist, Microsoft's IE browser will not be so aggressive these days.

  Baxder's words made everyone who was laughing just now start to fall into silence. Whether Netscape's browser should cancel the fee is now the number one issue within Netscape, and there has been a long-standing dispute over this.

   But watching Song Yang on TV, Jim Clark and Mark Anderson still couldn't make up their minds and veto everything they did!

   Seeing that AOL took over the telecommunications industry of CompuServe at a high price, various news came out frequently.

  When Ebes saw the news, he just glanced at it coldly, and then made the TV turn off, "AOL actually asked for peace with America Telecom, and it will definitely be a credit to America Telecom when it replaces AOL in the future!"

  Ebbes asserted after seeing the rumored agreement between AOL and America Telecom.

  What is the big deal or not? Ebbs doesn't care at all. What he cares about is the agreement not to enter the broadband industry for four years. He doesn't know how Case and AOL dared to sign this kind of agreement.

Ebes also doesn't understand economics or telecommunications, but he understands that in order to be an Internet service provider, technology cannot remain unchanged for four years. Everyone understands this. After four years, when AOL reacts, Ebbs is not sure that broadband will not necessarily become the mainstream way to surf the Internet, but there will definitely be many more broadband users than there are now.

   As for how much money Song Yang and Wall Street made from this acquisition, Ebes didn’t care. It was true that Song Yang and America Telecom were not pleasing to the eye, but Ebes was not a reckless man, and he blocked America Telecom.

Ebers knows the weaknesses and strengths of WorldCom. The weakness is that it depends too much on the stock price. The advantages are also the same. Relying on the strong stock price, Ebersher can rely on WorldCom to buy all rivals, not all telecommunications companies. Just like the knife in WorldCom's hands!

   "Next quarter, WorldCom will officially start the acquisition of MFS!"

At WorldCom headquarters, Ebes waved his hand towards the group of executives, and then stared at his confidant, Scott, who was in charge of WorldCom's finance, "WorldCom must complete a $10 billion at least $10 billion financing before the next quarter. New stock and debt issuance, WorldCom will launch an autumn offensive to take down MFS before winter comes!"

Scott, who was stared at by Ebbs, nodded to him and assured him that, according to WorldCom's estimates, with the current frenzy of telecom and Internet, if you want to win MFS, you need to pay more than the actual value of MFS at the earliest. Four times the purchase price is enough. In order to ensure a smooth acquisition, this time Ebes will play a shocking acquisition.

In addition to borrowing from the bank, Ebes also wanted WorldCom to issue huge debts and new stocks, amounting to more than 10 billion US dollars. If other companies play this way, investors may have long regarded this company as a lunatic and threw it away. Stocks come to safety, but Ebes is confident!

  Because this is WorldCom, it can bring huge returns to investors every year, and it has been going on forever, no one can be willing to abandon WorldCom.

   "Gentlemen, this winter, I want to be here and listen to James Cronah, bring Sitchmore to report to me on the performance of MFS and UUnet!"

   Standing in the conference room, like the emperor of the telecom empire, Ebes raised his arms and shouted, causing the audience to burst into laughter.

James Crow is the president of MFS, and Sitchmore is in charge of UUnet. Ebbs said this, expressing his determination to win the MFS company, and the subtext is that if the WorldCom executives in the conference room today, This can't be done for the Telecom Emperor. In winter, James Crow can't be allowed to meet Ebbs, and one of them is all **** up!

Originally, the outside world thought that AOL's high price acquisition of CompuServe would be detrimental to AOL. The result was a surprise. AOL, which opened the next day, rose strongly. Go, all the leeks are stunned!

Wall Street institutions and pension funds in many states of America have invested heavily in AOL. The reason is very simple. They spent more than one billion dollars to make a slightly loss-making acquisition, but they drove out American Telecom and AOL's dominance in the dial-up Internet industry. , will be unshakable.

   It can be expected that in the next two to three years, due to the price advantage, the scale of AOL's users will grow explosively.

However, increasing the monthly Internet access fee, cooperating with the double-click company in the advertising business, and introducing ICQ will greatly increase AOL's revenue. Some institutions have made estimates for AOL. In the next two years, AOL's profits are likely to welcome As much as four billion dollars, more than GM's profit, it is a big white horse under the new economic model. When will you not enter the market at this time and wait?

   This scene is stunned to watch, and it once again shows how beneficial Wall Street's mouth is, anyway, everything comes out of its mouth.

The entire telecommunications industry in America, during this period of time, I have been watching MFS, America Telecom, and AOL's saucy operations, and I have gradually recovered, and I have begun to understand that we are in the frenzy of the Internet and the telecommunications industry, and we cannot use common sense to understand. , A few years ago, these would have been considered to be a slapstick operation to kill, but now, it is a proven "Internet model", and the major telecommunications giants are even more eager to move.

Song Yang didn't stay in New York for too long. Song Yang didn't care too much about AOL's performance in Nasdaq. There was no way. This is the era of the Internet. As long as it has something to do with the Internet, anything can be considered a fragrance. Yes, it is also the reason for the increase. Several car companies next door are almost crying.

The stock prices of several America, Japan, and European listed auto companies. In the last peak period of traditional automobiles, oil prices hit a new low, and the auto industry hit a new high in both sales and revenue. General Motors also plans to acquire Hummer, etc. Brand, the board of directors of General Motors, whose stock price fell as a result, almost didn't cry, so who are you going to reason with!

During this time, Song Yang seemed to be busy buying, buying, and buying, and the media attention was still on America Telecom, who was doing sleazy operations. The ICQ in Song Yang's hands broke the news again, attracting the American Internet and the game. The industry is shaking.

  The news first came out from the announcement issued by CUC International. CUC International announced that ICQ made an offer to acquire Snow Mountain Games!

   (end of this chapter)